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Author Topic: Was Ripple the cause of this bullish trend? What do you think?  (Read 512 times)
Spaffin
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February 29, 2020, 10:01:28 AM
 #61

Never in its history has the Ripples influenced the cryptocurrency market and it will not be in the future either.  In addition, I did not observe any outstanding indicators of Ripples in the cryptocurrency market, so that someone could suggest this.
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February 29, 2020, 11:02:46 AM
 #62

Never in its history has the Ripples influenced the cryptocurrency market and it will not be in the future either.  In addition, I did not observe any outstanding indicators of Ripples in the cryptocurrency market, so that someone could suggest this.
It never happens and Op is not understood correctly about how crypto market works today. crypto market is totally getting affected by bitcoin and ripple never does any impact to the crypto. The opposite thing must be a correct statement for ripple caused by it was only taking advantage of the crypto market and it never contributes to the crypto market.

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March 01, 2020, 12:02:13 PM
 #63

Never in its history has the Ripples influenced the cryptocurrency market and it will not be in the future either.  In addition, I did not observe any outstanding indicators of Ripples in the cryptocurrency market, so that someone could suggest this.
It never happens and Op is not understood correctly about how crypto market works today. crypto market is totally getting affected by bitcoin and ripple never does any impact to the crypto. The opposite thing must be a correct statement for ripple caused by it was only taking advantage of the crypto market and it never contributes to the crypto market.
I also share your opinion, since everyone understands why Ripple is used by some payment systems.  In turn, I still make some investments in this coin, because I understand its prospects thanks to the use of the cryptocurrency market, blockchain and cooperation with famous payment systems, and this gives me confidence in its prospects.  But I really understand that this coin does not and cannot have any effect on the entire cryptocurrency market.
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March 01, 2020, 01:11:10 PM
 #64

I don't think ripple is the cause of the bullish trend. If this is true then ripple should pump the price at least $0.5 but no. I'm not sure but I think the upcoming bitcoin halving was the cause of a little bullish. Now the prices of the coins were going down seems investors already gained profit but I believe the coins will rise up again.
I don't think this coin can go up during this period because people seem to feel uncomfortable investing in this coin. In fact, Ripple has not been able to increase in price for the past two years and the supply of this coin is so huge that I feel very nervous when investing. In addition, not many long term investors choose this coin so it is very risky if you buy.

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March 01, 2020, 07:12:11 PM
 #65

Always, absolutely always the reason for bullish trend is Bitcoin, and not only bullish but also bearish trend is also Bitcoin, because the whole market follows Bitcoin.
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March 01, 2020, 08:08:45 PM
 #66

Ripple is the only coin on the top 10 coin that I cant recommend for any new investors. Have expected the team to give explanation from the struggle in the market and the rumour of dumping by flooding the market with some reserved token last year. The same token climbed above ethereum last year and stayed there for several weeks, now ethereum marketcap almost doubled the ripple and there are fewer recommendation on the social media neither news of development from the project.

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March 01, 2020, 11:40:54 PM
 #67

Always, absolutely always the reason for bullish trend is Bitcoin, and not only bullish but also bearish trend is also Bitcoin, because the whole market follows Bitcoin.

Right, since bitcoin is on the top of the food chain, and most tokens or crypto trade pairs with it, there should be no other coin in the market that can bring the bullishness in crypto, except the old and reliable bitcoin.

How about Ripple now causing the bearish trend because of this news?

https://www.bloomberg.com/news/articles/2020-02-26/ripple-must-face-lawsuit-alleging-illegal-xrp-sales

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March 02, 2020, 08:39:59 PM
 #68

If ripple was the reason why bitcoin went above $10000 and ethereum trying to test $300 then it could have been the highest venefitor of the recent bullish run but I did not see anything like that. Ripple seem to have lose the memory of recovery and I think it can be the reason why other coins are gaining.
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March 03, 2020, 04:43:19 AM
 #69

Ripple is the only coin on the top 10 coin that I cant recommend for any new investors. Have expected the team to give explanation from the struggle in the market and the rumour of dumping by flooding the market with some reserved token last year. The same token climbed above ethereum last year and stayed there for several weeks, now ethereum marketcap almost doubled the ripple and there are fewer recommendation on the social media neither news of development from the project.
Yesterday more than 500 million Ripple were unlocked and that is the main reason why I feel very worried about the future of this coin. I'm not sure what this coin will look like, but you may face a lot of great risks if you choose to invest. In addition, people are looking for new investments and they will undoubtedly choose only the coins that can help them make a profit in the long run.



                                                                                                                                             
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leetcoiner
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March 03, 2020, 06:05:09 PM
 #70

If ripple was the reason why bitcoin went above $10000 and ethereum trying to test $300 then it could have been the highest venefitor of the recent bullish run but I did not see anything like that. Ripple seem to have lose the memory of recovery and I think it can be the reason why other coins are gaining.
It's clear to everyone that Ripple wasn't the reason for the bullish trend in the market, it even sounds ridiculous, because for the bullish trend at least there should be good volatility and XRP doesn't have it.
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March 03, 2020, 08:28:29 PM
 #71

Now, Ripple owners are saying that because of the lawsuits they are getting the XRP market could collapse because when they are ordered by the courts to pay up those law suits they will be forced to sell the XRP (millions of it they printed for themselves for free which is epitome of bad crypto moves) will be sold on the market and that will result with the price to go down. Ripple company will be fine because they will simply print more for the future but the people who wold XRP will be screwed for the punishments of the company.

When we are talking about a company and a currency like that, I do not understand how people are still rooting for it to go up. It will not go up, it will go down and in the future it will be a shitcoin like it supposed to be already.

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March 03, 2020, 10:14:11 PM
 #72

Now, Ripple owners are saying that because of the lawsuits they are getting the XRP market could collapse because when they are ordered by the courts to pay up those law suits they will be forced to sell the XRP (millions of it they printed for themselves for free which is epitome of bad crypto moves) will be sold on the market and that will result with the price to go down. Ripple company will be fine because they will simply print more for the future but the people who wold XRP will be screwed for the punishments of the company.

When we are talking about a company and a currency like that, I do not understand how people are still rooting for it to go up. It will not go up, it will go down and in the future it will be a shitcoin like it supposed to be already.

Yes the Ripple price is getting very bad conditions now. because the Ripple team is keep releasing the new coins in to crypto market from past few months and it getting more day by day it can impacting  the Ripple price so better to understand the situation and Ripple team should take action for it.

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March 03, 2020, 11:02:31 PM
 #73

XRP is out for this and one reason that I saw this climbing scenario that we experience in a few days and since for the start of this year is because of the upcoming halving and people anticipating it by buying more which increases that market demand and eventually makes prices to move high also.
That XRP owner pronouncement has got attention but that was only for Ripple and not of the entire market involvement.

Anyway, if that contributed to the market pumps which is unnoticed, well it is good to see but I'm not really convince of its effect since halving got more attention to the public.
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March 03, 2020, 11:59:15 PM
 #74

XRP is out for this and one reason that I saw this climbing scenario that we experience in a few days and since for the start of this year is because of the upcoming halving and people anticipating it by buying more which increases that market demand and eventually makes prices to move high also.
That XRP owner pronouncement has got attention but that was only for Ripple and not of the entire market involvement.

Anyway, if that contributed to the market pumps which is unnoticed, well it is good to see but I'm not really convince of its effect since halving got more attention to the public.

Halving usually occurs if the huge demand will cause the increase of market price in each coins. However xrp has been tested for more years and it stayed consistent and stable in terms of trading volume that's why no wonder it could contribute to a lot of changes in the market.
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March 04, 2020, 02:29:29 AM
 #75

I don't think ripple alone could affect the whole market situation. There are just lots of positive events which are affecting the market trend. It's actually a good thing that ripple is rising up because it simply means that it could go with Bitcoin's flow. However, I have also noticed that the price of ripple is quite dropping down, I guess it is because they all have their own movement as a coin.
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